Data-driven innovation has allowed consumers to search for better products and deals instantaneously and allows providers to price discriminate based on minute-by-minute demand analysis – but it also creates opportunities for collusion, according to the chief of the competition watchdog, the ACCC.
Aussie mobile phone users are estimated to have collectively been charged as much as $20 million in the last six months for third-party charges on their phones for purchases they didn’t even realise they were being stung for, according to a new report from telecoms consumer advocacy group the Australian Communications Consumer Action Network.
Australian consumer watchdog chief Rod Sims says new technology and digital disruptions pose new challenges for the ACCC, not least of all the importance of ensuring robust consumer advocacy continues to play a part in protecting consumer interests.
Really liked your content.Machine Learning and AI are constantly getting better every day. With millions of potential customers out there[…]
Even the authorised cryptocurrency vendors report all transactions to the government. Cash is the only way to ensure transactions cannot[…]
Doesn't using PayPal with Bitcoin further (or entirely) erode the (pseudo)anonymity aspect of using a digital currency? One doesn't use[…]
As a whole I don’t trust China as the chaos they have caused with COVID they bullying in disputed territories[…]
Would happily pay for 250mbit but sadly speed limited on the 850mtrs of copper to 50mbit max.